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Apr 18, 2013
04/13
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melissa: steve, what do you think? do you buy that? go ahead. >> i think these professors have sound some pretty important flaws in the, what i call the study, r&r study, row governor and reinhardt and something that has to be addressed. my point here for people looking at this, how does data affect the markets, how does data affect the economy, i never believed, somehow you hit 90% you go off a cliff, i never believed that to be true. what you believe, the evidence is pretty strong about this, as your debt aaccumulates of a nation the negative effect of that become more pronounced. whether it is at 80% or 90%, or 100%, quite frankly, melissa we don't know. but we know a debt burden as large as the europe and united states has is getting pretty dangerous. melissa: what do you think about that? because professor reinhardt and rogoff, they have acknowledged the things that you've said. they don't feel like it changes the general thesis. there is certain amount of logic to that as a country is overwhelmed with debt it impacts growth. do y
melissa: steve, what do you think? do you buy that? go ahead. >> i think these professors have sound some pretty important flaws in the, what i call the study, r&r study, row governor and reinhardt and something that has to be addressed. my point here for people looking at this, how does data affect the markets, how does data affect the economy, i never believed, somehow you hit 90% you go off a cliff, i never believed that to be true. what you believe, the evidence is pretty strong...
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Apr 17, 2013
04/13
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. >> thank you steve for a live look of the briefing room at the white house. we will take you to jay carney's daily briefing as he begins to speak. we are waiting for the daily press to begin. there was a suspicious package reported at the hart building down in d.c. also, of course, we are talking about that second suspicious mailing containing a substance that shows it is ricin. it was sent to president obama. one was sent to a senator from mississippi. somewhat similar to what we saw in the aftermath of 9/11. the anthrax attack. putting one on edge to say the least. connell: we will check back in in a minute. first, fix bikes in the wall street fear index, as it is no. investors are also on high alert. dagen: sandra smith joins us from the pits of the cme. sandra: folks are on edge. it is not just outside of the trading floors. when you take a look at the mix, the fear gauge, this is a prediction in the marketplace of expected volatility over the next 30 days in the stock market. it uses s&p stock options to measure about volatility. there is heightened here
. >> thank you steve for a live look of the briefing room at the white house. we will take you to jay carney's daily briefing as he begins to speak. we are waiting for the daily press to begin. there was a suspicious package reported at the hart building down in d.c. also, of course, we are talking about that second suspicious mailing containing a substance that shows it is ricin. it was sent to president obama. one was sent to a senator from mississippi. somewhat similar to what we saw...
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Apr 20, 2013
04/13
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FOXNEWSW
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steve emerson is back with me now. and he goes on, and you hear the same sort of jihadist calls we hear from some of these guys. on the hell fire video which is weird and creepy, it's got a little link to his facebook, and he charges $150 if you want the series. it's so ridiculous and outrageous, it's almost laughable, yet to a young man who had already started the radicalization, it sends a very different message. >> and he adds to the flourishes of having great graphics, and great music. it's not just speeches that go on and on. i mean, he understands technology, and he understands the new generation -- this generation's need for graphics and everything. these dvds are very alluring, just graphically, let alone the rhetoric, which becomes almost mesmerizing, in the chant form where he's calling for killings. now, again, he doesn't say will the prime minister of australia, he says, kill the enemies of islam, kill the jews or pigs who have to be killed. the christians are infidels, they have to be killed. he doesn't cr
steve emerson is back with me now. and he goes on, and you hear the same sort of jihadist calls we hear from some of these guys. on the hell fire video which is weird and creepy, it's got a little link to his facebook, and he charges $150 if you want the series. it's so ridiculous and outrageous, it's almost laughable, yet to a young man who had already started the radicalization, it sends a very different message. >> and he adds to the flourishes of having great graphics, and great...
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Apr 22, 2013
04/13
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>> steve, i mean, it's the cost/benefit decision. nobody likes to talk about that when it comes down to people's lives. >> yeah, i think there was a great piecey dennis lehane who said, we're not going to sacrifice our civil rights in boston and we're going to get right back up. look, there is a balance that's needed here. pete kink and barney frank have talked about, keep homeland security funded correctly, the need to utilize technology. these are 26-mile courses, you can't police every single step of every course, so you need to put good technology in place and you need to work together and there are investments that are needed and they are government investments to keep us safe. >> sherry, we've spent a lot of money. do we need to spend more? >> i don't think it's a matter of spending more. i think it's about doing the job correctly. we do know there's been photographs now of guys walking around with big backpacks. was somebody not on the ball, did somebody not see that, did somebody not look at the cameras? we need to be able to
>> steve, i mean, it's the cost/benefit decision. nobody likes to talk about that when it comes down to people's lives. >> yeah, i think there was a great piecey dennis lehane who said, we're not going to sacrifice our civil rights in boston and we're going to get right back up. look, there is a balance that's needed here. pete kink and barney frank have talked about, keep homeland security funded correctly, the need to utilize technology. these are 26-mile courses, you can't police...
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Apr 19, 2013
04/13
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let me bring in now terrorism expert steve emerson and forensic video analyst grant fredericks. grant, i'll start with you. you've seen the video. what's your analysis? >> the video unfortunately that's been provided to the public, to the media, has been compressed, so it's been changed slightly by the police and by the fbi as a product of being uploaded to youtube. i think they'll provide better images in the days ahead. as far as video analysis goes, there's a wealth of information there. these guys are wearing very identifiable clothing. when they go to the scene, drop the bag, and leave, they're still wearing that clothing. they'll be tracked from that location to wherever they came from. they're going to get a lot of information. as mark said, if they get out of a vehicle, went to that scene, they'll be able to backtrack them to that vehicle. so that's the hunt right now, is to find out where they went and where they came from. perhaps who else they might have been with. >> sean: do you glean anything from the motion, from their movements, from -- is there anything there th
let me bring in now terrorism expert steve emerson and forensic video analyst grant fredericks. grant, i'll start with you. you've seen the video. what's your analysis? >> the video unfortunately that's been provided to the public, to the media, has been compressed, so it's been changed slightly by the police and by the fbi as a product of being uploaded to youtube. i think they'll provide better images in the days ahead. as far as video analysis goes, there's a wealth of information...
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Apr 18, 2013
04/13
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KGO
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as you heard steve report. when we come back, we'll be talking to the man who's running the hospital where most of those injured have been taken for an update on just how bad this is. [ female announcer ] dear guys, looking for the perfect pair of levi's? ♪ the right color, the right style, the right fit? come to the levi's denim bar at jcpenney because you deserve the perfect pair at a great price. ♪ yeah? then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. silence. are you in good hands? silence. listen, your story line, it makes for incredible tv drama. thing is, your drug use is too adult for the kids, so i'm going to have to block you. oh, man. yeah. [inhales] well, have a good one. you're a nice lady. >>> welcome back. we return now to the breaking news out of west, texas. that is a town of a couple of thousand people, about 20 miles north of waco, texas, where this terrific explosion at a fertilizer plant has devastat
as you heard steve report. when we come back, we'll be talking to the man who's running the hospital where most of those injured have been taken for an update on just how bad this is. [ female announcer ] dear guys, looking for the perfect pair of levi's? ♪ the right color, the right style, the right fit? come to the levi's denim bar at jcpenney because you deserve the perfect pair at a great price. ♪ yeah? then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six...
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Apr 17, 2013
04/13
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i guess but i will start with you both agree that steve ballmer gravitas to go? who would go in his place? >> there are all types of tech heavyweights their art executive search firms to interview the top 10 people. maybe sanjay get used to be at motorola. there are plenty around. steve ballmer is wonderful but execution has been less than stellar with a six-point to billion dollar writeoff thank goodness they did not do the yahoo deal and accolades to jerry gain for resisting that. >>. cheryl: ron johnson is available what do you say? >> to have an executive with experience in technology to see a little bit around corners not anybody right in the wing to make a great internal candidate but there should be a lot out there are. cheryl: let's talk about what you disagree about. one of the problems is the decline of pcs sales attributable to the tavern sales that are picking up. do you think those will be another issue with earnings from microsoft? >> gradually it will be an emerging issue but it speaks to the need for microsoft ago when a to present into a mobile p
i guess but i will start with you both agree that steve ballmer gravitas to go? who would go in his place? >> there are all types of tech heavyweights their art executive search firms to interview the top 10 people. maybe sanjay get used to be at motorola. there are plenty around. steve ballmer is wonderful but execution has been less than stellar with a six-point to billion dollar writeoff thank goodness they did not do the yahoo deal and accolades to jerry gain for resisting that....
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Apr 24, 2013
04/13
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CNBC
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now tim cook has not been able to tell people what they want. >> and he's not steve jobs. >> he has not listened to what people want, either. >> they said they had 18 months in the pipeline. they thought they had new products coming through. that is over now. you are looking at it. they said they can't come out with a new phone. why not? i would rather be a buyer of google. google is where the money is going in. >> very quickly, it's very clear if you look at january of this year and the stock was averaging almost 40 million shares a day. now 15 million shares at a much lower price point. that's telling you the public is not all over this name like they were. >> 46% of shares are still owned by retail investors, which is much more than google. >> it proved much more successful than many thought. analysts have a hard time calling turns. this is due to basic behavioral investment. >> thanks for that. this is, i believe, a very shameful example of wall street analysts not doing their home work. for analysts to not question a stock that has such a pair bollic move. >> when they start talkin
now tim cook has not been able to tell people what they want. >> and he's not steve jobs. >> he has not listened to what people want, either. >> they said they had 18 months in the pipeline. they thought they had new products coming through. that is over now. you are looking at it. they said they can't come out with a new phone. why not? i would rather be a buyer of google. google is where the money is going in. >> very quickly, it's very clear if you look at january of...
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Apr 16, 2013
04/13
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needs to have pat-downs. >> some say it's designed to comforted a nervous american public. >> shep: steve, thank you. >>> among the first responders, medical workers and civilians that ran to help those that were injured. a familiar face to sports fan, a patriots player was ready to help. first, legendary n.f.l. sportscaster pat summerall has died. he called games for more than 40 years. he became as much as sundays as football itself. >> the hoopla is just about over. we're going to play pretty soon. >> shep: he was part of 16 superbowls, his last in 2002. he was also his final game with long time partner john madden. they worked together for 21 years. summerall did a handful of games after that. before he called the games, pat summerall played ten season in the n.f.l. he died today of sudden cardiac arrest. in a statement fox sports writes his 50 year record as a broadcaster is truly unique and very difficult for anyone to ever walk in his footsteps. patted summerall, dead today at 82. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia,
needs to have pat-downs. >> some say it's designed to comforted a nervous american public. >> shep: steve, thank you. >>> among the first responders, medical workers and civilians that ran to help those that were injured. a familiar face to sports fan, a patriots player was ready to help. first, legendary n.f.l. sportscaster pat summerall has died. he called games for more than 40 years. he became as much as sundays as football itself. >> the hoopla is just about...
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Apr 21, 2013
04/13
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. >> "boston globe" reporter steve silva was at the starting line of the day's biggest event, the boston marathon. >> part of the american sports scene since 1897. >> it was a chilly morning, 30 degrees, people starting to warmup, unlike last year where it was 80 degrees. the weather's not going to be a story this year. what's going to be the story? >> for pediatric resident natalie stavas, it would be a story of giving back. >> it was a very special day for me. i had decided to raise money for boston medical center pediatrics. >> doctors told chris that this was a day her daughter might not ever live to see. >> they said her prognosis was, you know, maybe she'll be 10 if we were lucky. >> the mitochondrial disease that weakened kayla's cells made her terribly ill. >> those first few years were hard, she needed to have medical procedures, time in the hospital, lots of pneumonias. >> for the kay girls, it had been a tough go. kayla's health challenges, two benign brain tumors for chris, the loss of kayla's father, chris' husband to a heart attack at age 42. but this would be a joyful day.
. >> "boston globe" reporter steve silva was at the starting line of the day's biggest event, the boston marathon. >> part of the american sports scene since 1897. >> it was a chilly morning, 30 degrees, people starting to warmup, unlike last year where it was 80 degrees. the weather's not going to be a story this year. what's going to be the story? >> for pediatric resident natalie stavas, it would be a story of giving back. >> it was a very special day...
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Apr 24, 2013
04/13
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in the steve job's era, that's assumptions they made, but tim cook, not so much, no steve jobs. those cairn tees, assumptions made in the past are not worth making anymore. >> it was smaller. it's going to grow smaller, 37% margins, it's selling at 8.8 earnings. connell: you like the pricing? >> not growing at 15-20 to 30%. the price is off,ic, for looking forward, but the analysts need to listen. they didn't like tim cook so i think we have a small problem here for the next little while that analysts don't like how it is, lost luster. it's an opportunity. at this price, you can buy and hold. connell: have you done it? >> in it for a long, long time, our entry price was $193. connell: in good shape. market's down, but what do you think? >> yeah, given the numbers this morning, looking for a little bit of a swoon like we had last year. connell: durables? >> durables a little bit light, consumers are not going to spend as much, so i'm not expecting much at the end of the year, a great quarter, and if we finish 8% better than this, happy boy. connell: thank you very much for coming
in the steve job's era, that's assumptions they made, but tim cook, not so much, no steve jobs. those cairn tees, assumptions made in the past are not worth making anymore. >> it was smaller. it's going to grow smaller, 37% margins, it's selling at 8.8 earnings. connell: you like the pricing? >> not growing at 15-20 to 30%. the price is off,ic, for looking forward, but the analysts need to listen. they didn't like tim cook so i think we have a small problem here for the next little...
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Apr 23, 2013
04/13
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gerri: numbers are stunning, steve. you lock at this and think there's a lot of people out there getting misdiagnosed. my mother has been misdiagnosed, and everybody watching the show probably knows somebody who has been misdiagnosed. why do you think it happens? you're a practicing physician. >> i think misdiagnosis happens because you are not persistent in following up on things, possibly, sometimes the insurance companies don't allow you to do the tests you want to do, and patients, if they have any questions, need to seek a second opinion if they have symptoms. gerri: david, to you, how did you figure this out? they are not numbers i normally see. >> well, it's been known for many years that diagnostic errors, looking at insurance records for malpractice claims that errors are frequent, but it really has not been prior to now that people have put together a large national data set. this is the national practitioner data bank with all the data available from the united states closed malpractice claims, and we see tha
gerri: numbers are stunning, steve. you lock at this and think there's a lot of people out there getting misdiagnosed. my mother has been misdiagnosed, and everybody watching the show probably knows somebody who has been misdiagnosed. why do you think it happens? you're a practicing physician. >> i think misdiagnosis happens because you are not persistent in following up on things, possibly, sometimes the insurance companies don't allow you to do the tests you want to do, and patients, if...
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Apr 20, 2013
04/13
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we talked to steve about radical postings he promoted on his youtube channel. by all accounts the friends that knew him, great guy, sweet kid. how did he go from that to this in your experience in. >> good question. mostly in tran signatures stages in their lives, students, immigrants between jobs or girlfriends. they are looking for meaning in life. they are looking for significance. they just left their family or father is usually absent. they are looking for something heroic and adventurous to do. this kind of thing fits in very well for those who are sort of disafektd and marginalized and that is the case around the world and in this country. >> megyn: does it surprise you that he was married with a young daughter, married to an american woman that converted to islam and went from normal western woman with walking around with a burka. he is married with a kid and was successful boxer. >> again, ordinary people. terrorists in general span the normal distribution. you have crazy kooks and you have sociopaths and brilliant guys but very few. most are normal gu
we talked to steve about radical postings he promoted on his youtube channel. by all accounts the friends that knew him, great guy, sweet kid. how did he go from that to this in your experience in. >> good question. mostly in tran signatures stages in their lives, students, immigrants between jobs or girlfriends. they are looking for meaning in life. they are looking for significance. they just left their family or father is usually absent. they are looking for something heroic and...
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Apr 21, 2013
04/13
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MSNBCW
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what have you got, steve? >> i don't know. >> at first, everything seems normal. >> i was looking at the camera and i was just playing with the volume to see -- make sure the volume worked and basically going through all the functions and options of the camera. >> luckily they were doing their job and they looked through everything to make sure there was nothing on the tapes or memory cards, and that's where they found this. >> the footage shot two years earlier starts innocently enough. it shows two teenagers melvin blevins and angel daley baby-sitting for a bunch of kids. but then the video takes an awful turn when a young toddler enters the scene. >> i just couldn't believe what i witnessed. it's just something i do not want to see again. >> here. >> the child sat on ms. daley's lap and at one point in the video, the male asks if the toddler wants to hit the bowl. >> want to hit the bowl? >> at that point the female held down the toddler and the male put the marijuana pipe into the toddler's mouth. [ coughi
what have you got, steve? >> i don't know. >> at first, everything seems normal. >> i was looking at the camera and i was just playing with the volume to see -- make sure the volume worked and basically going through all the functions and options of the camera. >> luckily they were doing their job and they looked through everything to make sure there was nothing on the tapes or memory cards, and that's where they found this. >> the footage shot two years earlier...
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Apr 17, 2013
04/13
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steve, thanks for coming on. >> thank you. melissa: up next, oil prices slide to their lowest level since december. we're going to take a look what is behind the decline and some new data shines a rosy light on the housing market but is it really time for real estate investors to get back in the game? we have two top experts to break it down. more "money" coming your way. melissa: not a good day for oil. concerns over the strength ever the global economy sent oil prices diving below 88 bucks a barrel at one point today, the lowest in months. let's break down what it means for investors and the economy. with me energy guru, steven scrk of the schork report. and the managing partner and chief investment. good to have you both of you on the show. when you have volatile markets in the face of outside oil events, it is helpful to hear from people in the involved in the markets. steven, i ked you about what you were hearing. you fielded a lot of phone calls. what are people saying to you in the past 24 hours? >> they really want to
steve, thanks for coming on. >> thank you. melissa: up next, oil prices slide to their lowest level since december. we're going to take a look what is behind the decline and some new data shines a rosy light on the housing market but is it really time for real estate investors to get back in the game? we have two top experts to break it down. more "money" coming your way. melissa: not a good day for oil. concerns over the strength ever the global economy sent oil prices diving...
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Apr 18, 2013
04/13
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he's replacing steve jobs, so i think it's too early to suggest that he's going to step down. david: boy, mr. contrarian, tom forte. good to talk to you, tom, thanks very much. >> thank you. my pleasure. liz: investigators continue their search for a suspect or maybe even two in this week's boston bombing. meanwhile, an arrest has been made in connection with those suspicious letters sent to capitol hill yesterday. we're louvre at the white house. david: also spring isn't going to just bring flowers. barclays says it will also bring a market swoon. it's happened the past three years. how do you protect yourself? well, by buying bond-like stocks. what are bond-like stocks? barry knapp, he's barclays head of u.s. equities portfolio strategy, one of the most entertaining people in the business, he is here next to tell us. ♪ ♪ thank you orville and wilbur... ...amelia... . . can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best
he's replacing steve jobs, so i think it's too early to suggest that he's going to step down. david: boy, mr. contrarian, tom forte. good to talk to you, tom, thanks very much. >> thank you. my pleasure. liz: investigators continue their search for a suspect or maybe even two in this week's boston bombing. meanwhile, an arrest has been made in connection with those suspicious letters sent to capitol hill yesterday. we're louvre at the white house. david: also spring isn't going to just...
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Apr 18, 2013
04/13
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. >> as far as the management team goes with steve jobs passing they still have to prove themselves and there is skepticism but aside from the fact that samsung eats their lunch in one area obviously they still have a pretty good compelling broad product line. gerri: and people who adore everything they put out. another impact is the rest of the market. at 1.it was so big that any little movement in the share price would swing that now is losing fat. look at the nasdaq 100 apple waves that and that nasdaq composite the present -- 8%. so the stock influence is diminishing. >> the ft side is once the stock is big enough with the s&p 500 hrs is the systems that is a good sign it is time to bail out as well. gerri: google and microsoft and ibm reporting earnings. there has been a lot of big questions about technology. have the stock's been oversold? >> i don't think they have necessarily been oversold. with the big cap multinationals of course, it was three big tech companies today but the dollar is moving up one reason i suggested the shift to the smaller cap but i think the earnings expec
. >> as far as the management team goes with steve jobs passing they still have to prove themselves and there is skepticism but aside from the fact that samsung eats their lunch in one area obviously they still have a pretty good compelling broad product line. gerri: and people who adore everything they put out. another impact is the rest of the market. at 1.it was so big that any little movement in the share price would swing that now is losing fat. look at the nasdaq 100 apple waves...
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Apr 17, 2013
04/13
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KNTV
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>> steve: yeah! [ laughter ] >> jimmy: and we've known him for 20 years. he should be on bbc america. it's good representing. but he's just kicking butt. i love the guy. i'm so happy for him. also -- oh, my gosh, we have great music. speaking of joining itunes, i'd check these guys out. little green cars on tonight! [ cheers and applause ] new record out on itunes! they're just -- [ applause ] are they from england? >> steve: yeah, i think so. >> jimmy: are they from england? >> audience member: ireland! >> steve: ireland. >> jimmy: oh, sorry, ireland. [ laughter ] sorry, that's a mistake -- that's a mistake you don't want to -- that's a mistake you don't want to make, yeah. [ laughter ] [ with irish accent ] i'm ju sitting right -- >> steve: they're from ireland. >> jimmy: sorry, brother. sorry, sorry. [ laughter ] okay. calm down, brother. >> steve: they stole my shillelagh! >> jimmy: so, i apologize. it's all good. all good. >> steve: whoo! >> jimmy: hey, guys, it is time to take a look at stories
>> steve: yeah! [ laughter ] >> jimmy: and we've known him for 20 years. he should be on bbc america. it's good representing. but he's just kicking butt. i love the guy. i'm so happy for him. also -- oh, my gosh, we have great music. speaking of joining itunes, i'd check these guys out. little green cars on tonight! [ cheers and applause ] new record out on itunes! they're just -- [ applause ] are they from england? >> steve: yeah, i think so. >> jimmy: are they from...
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Apr 24, 2013
04/13
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he is no steve jobs. nobody is steve jobs. wee going to need another year or two or three to find out if tim cook is up to the job in my opinion. melissa: so, spencer are you willing to give him another year or two or three? how much does the stock have to appreciate between now and then for you to continue to be in the game with it? >> yeah. i think during the last piece there adam was talking about being firmly in the modern financial era is that companies have to exist in the modern financial era and the price is down 40% since september. just in six or seven months. we can't give him that kind runway. he has to show -- >> those are two different things if i may. the fact that the stock was up 40% when it was is, people like to forget about that. this stock was bid up by people who made a mistake and they got it wrong but now it is done. it is above where it was when steve jobs died. these things are relative from a stock perspective. what is important is, can they come out with t next great pruct? has nothing whatsoever to
he is no steve jobs. nobody is steve jobs. wee going to need another year or two or three to find out if tim cook is up to the job in my opinion. melissa: so, spencer are you willing to give him another year or two or three? how much does the stock have to appreciate between now and then for you to continue to be in the game with it? >> yeah. i think during the last piece there adam was talking about being firmly in the modern financial era is that companies have to exist in the modern...
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Apr 18, 2013
04/13
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steve emerson is the founder of the investigative project on terrorism. and dan vogel is a former fbi agent and profiler. dan, let me start with you on this as we learn now that this information is going to go back to quantico and that you heard the homeland security committee chair say he believes that this is going to be the best evidence they have. your thoughts on it. >> well, if we're talking about the profiling information, i think certainly that will be part of the investigation. but, more importantly, i think the information that's being gathered from cameras and video from throughout the area is going to be extremely important. >> megyn: they are going through that now. before i get to steve did i ask chairman mccall about that i asked him about his statement which was eye personally believe they're very close to identifying on film the two or more suspects that could possibly be involved in the bombing. the fbi how would they be going about that right now. >> well, with the new technology, i was on the way here i was listening to a radio program
steve emerson is the founder of the investigative project on terrorism. and dan vogel is a former fbi agent and profiler. dan, let me start with you on this as we learn now that this information is going to go back to quantico and that you heard the homeland security committee chair say he believes that this is going to be the best evidence they have. your thoughts on it. >> well, if we're talking about the profiling information, i think certainly that will be part of the investigation....
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Apr 19, 2013
04/13
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KQED
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ceo steve baumer said the bold bets we made on cloud services are paying off. they also announced f.o. peter klein will be leaving the company at the end of the year. it will name its new cfo in the next several weeks. let's also look at google. the internet giant reporting an eps of $11.58 versus a street estimate of $10.66. however, its quarterly revenue of $13.97 billion came in slightly shy of the $14.09 billion expected by the street. and lastly, big blue ibm, the diversified tech player that is many times seen as a good barometer of what to expect from the broader technology space missed street expectations on its top and bottom line due to a decline in hardware and services sales. its first quarter eps came in at $3 a share versus a $3.05 estimate. the investment group says looking back over the last ten years, ibm's one-day reaction to earnings has accurately predicted the direction of the s&p 500 over the following five weeks. more than 75% of the time. and if that's the case, then tomorrow might be a down day. we are seeing ibm shares down after hours
ceo steve baumer said the bold bets we made on cloud services are paying off. they also announced f.o. peter klein will be leaving the company at the end of the year. it will name its new cfo in the next several weeks. let's also look at google. the internet giant reporting an eps of $11.58 versus a street estimate of $10.66. however, its quarterly revenue of $13.97 billion came in slightly shy of the $14.09 billion expected by the street. and lastly, big blue ibm, the diversified tech player...
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Apr 23, 2013
04/13
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steve jobs was great, he did a lot of wonderful things for company. many years ago, he created a lot of great product, but you know a lot of people caught up to apple, apple has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you know now down below 400, that is incandescent no matter who -- inevitable no matter who took over steve jobs, there is a little bit of battle over what to do with cash, that apple sitting on, but, this is a well-run company, i don't know they will find anybody better than tim cook, i think this is a lot of chatter from speculators just saying what they wish all happen. neil: you know, i think what
steve jobs was great, he did a lot of wonderful things for company. many years ago, he created a lot of great product, but you know a lot of people caught up to apple, apple has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him,...
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Apr 17, 2013
04/13
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steve, gretchen, brian. >>steve: thank you. when you see those pressure cooker bombs, it inspires to the in house magazine from al qaeda. in 2010 they put out an article how to build a bomb in the kitchen of your mom. the man who tried to blow up a truck in times square had a pressure cooker in the back. >>brian: bomb experts say pressure cookers have been around much longer -- the pressure cooker bomb longer than the "inspire" magazine. i think they saw a bag inside a bag. it was so heavy they surmise possibly the bomb was constructed nearby because it couldn't have traveled a great distance. it would have been extremely danger dangerous to get it there. experts say it was probably made close. >>gretchen: wouldn't somebody have seen somebody carrying a really heavy bag. >>brian: at the marathon they had maybe 17,000 people finish. >>steve: and light security as well. five minutes after the top of the hour. >>brian: the f.b.i. reaching out to americans saying tell us what you know. heather nauert joins us live with more on the
steve, gretchen, brian. >>steve: thank you. when you see those pressure cooker bombs, it inspires to the in house magazine from al qaeda. in 2010 they put out an article how to build a bomb in the kitchen of your mom. the man who tried to blow up a truck in times square had a pressure cooker in the back. >>brian: bomb experts say pressure cookers have been around much longer -- the pressure cooker bomb longer than the "inspire" magazine. i think they saw a bag inside a...
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Apr 16, 2013
04/13
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steve, thanks for coming on. >> thank you. melissa: up next, oil prices slide to their lowest level since december. we're going to take a look what is behind the decline and some new data shines a rosy light on the housing market but is it really time for real estate investors to get back in the game? we have two top experts to break it down. more "money" coming your way. clients are always learning more to make their money do more. (ann) to help me plan myext move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." you will lose 3 sets of keys 4 cell phones 7 socks and 6 weeks of sleep but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to
steve, thanks for coming on. >> thank you. melissa: up next, oil prices slide to their lowest level since december. we're going to take a look what is behind the decline and some new data shines a rosy light on the housing market but is it really time for real estate investors to get back in the game? we have two top experts to break it down. more "money" coming your way. clients are always learning more to make their money do more. (ann) to help me plan myext move, i take...
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Apr 19, 2013
04/13
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KPIX
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give it up for steve harvey! [captioning made possible by fremantle media] steve: thank y'all very much. thank you for coming, folks. thank you very much. hey, everybody, welcome to "family feud." i'm your man steve harvey, and you know what? like always, we got a good one for you. got a special day today. returning for the second day, from louisville, kentucky, it's the willinger family. [cheering] steve: now, in case you're watching and thinking this is the same show, it's not. this has been dubbed a rematch. returning for their fifth and final day, with a total of $21,405, from boston, mass, it's thac [cheing] steve: they're here to win a lot of cash. and, remember, today, if the tracey famiins the ,
give it up for steve harvey! [captioning made possible by fremantle media] steve: thank y'all very much. thank you for coming, folks. thank you very much. hey, everybody, welcome to "family feud." i'm your man steve harvey, and you know what? like always, we got a good one for you. got a special day today. returning for the second day, from louisville, kentucky, it's the willinger family. [cheering] steve: now, in case you're watching and thinking this is the same show, it's not. this...
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Apr 24, 2013
04/13
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CNBC
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you know, steve has talked about some of this in the past. >> steel. >> steel and cement, yeah. >> steel, they keep building and is building. and what's interesting it is that last year one of their top five initiatives was that the government was to cut back steel production. instead they have grown steel production. >> how many times have we debated on this very desk, companies like valay, one that frequently comes up. >> and we have been public, we talked about that in the fall. and valay is highly dependent upon the chinese market. and has a different business model than it did in the past. and that's one of the problems with the minors fundamentally, scott, the model change. in the old days, the governments would work with the mining companies to help them get their product to market. they would help them build railroads and ports and this sort of thing so that these big companies could sell into the global market. now governments have gotten smarter. and are actually requiring the companies to build this infrastructure themselves. so the capital employed in this industry has gone u
you know, steve has talked about some of this in the past. >> steel. >> steel and cement, yeah. >> steel, they keep building and is building. and what's interesting it is that last year one of their top five initiatives was that the government was to cut back steel production. instead they have grown steel production. >> how many times have we debated on this very desk, companies like valay, one that frequently comes up. >> and we have been public, we talked about...
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Apr 21, 2013
04/13
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national correspondent steve centanni has more on that. steve, how exactly is the bombing affecting this debate? >> a few republicans are saying we should postpone the immigration reform bill because of the bombings. chuck grassley of iowa is one of them. he said on friday's hearing we need to be sure that people who intend to harm americans are not allowed to enter the country. republican senator dan coats of indiana is taking that go slow approach. listen. >> immigration is an issue that has dramatic economic effect on americans and national security implications. stemming back a little -- for instance, we have a bigger issue than immigration such as debt issue. >> reporter: he says that is bigger issue, solving the deficit. >> gregg: there are support others both sides of the aisle on this. how are they responding? >> a lot of bipartisan support. coats and grassley are outnumbered. they say this reform bill is a national security bill that will make america safer. it will have multiple background checks and for the first time to prevent
national correspondent steve centanni has more on that. steve, how exactly is the bombing affecting this debate? >> a few republicans are saying we should postpone the immigration reform bill because of the bombings. chuck grassley of iowa is one of them. he said on friday's hearing we need to be sure that people who intend to harm americans are not allowed to enter the country. republican senator dan coats of indiana is taking that go slow approach. listen. >> immigration is an...
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Apr 24, 2013
04/13
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i think steve jobs was truly amazing. >> i don't know. i'm really beginning to question that. he clearly proved it on the years. but since he -- you have not heard much about what apple is doing, how great the company is. we have not seen any new fascinating amazing devices in the market. they are just follow apps to evolutionary designs. the ipad mini, which is so successful. and now it is the success and it has an old process. and really not the great screen. >> we were thinking years ago about who we would place and i mentioned jonathan ivy, which was probably not necessarily -- he's not an operations guy but he is a brilliant designer and it looks like now we really need people like him to be more in charge. we already know that the company is doing very well on the operation's side. but we need creativity in the design. it was an unexpected delay for introducing new interesting the the devices. that might be related to the influence. if apple is moving away from the desi design. >> are you buying the stock today? >> i think a question about whether to buy today or wait un
i think steve jobs was truly amazing. >> i don't know. i'm really beginning to question that. he clearly proved it on the years. but since he -- you have not heard much about what apple is doing, how great the company is. we have not seen any new fascinating amazing devices in the market. they are just follow apps to evolutionary designs. the ipad mini, which is so successful. and now it is the success and it has an old process. and really not the great screen. >> we were thinking...
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Apr 24, 2013
04/13
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can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good chance we'll see them return to the growth orbit. and i think it's a little bit overdone here on the negative side. this is not the next research in motion, this is not the next nokia. it's just a company that has to decide between margin and market share. i don't think they've done that yet. until they do, they're a value play. >> that's really an interesting way to put it. but then why has the stock lost 50% of its value from the highs? >> that's great question, as always, maria. i think when the bloom comes off the rose, the reaction is as excessive to the downside as it is the upside. it's almost a universal law of inverse proportionality here. i think the story is such that from a value perspective, with a possible growth upside, that even at $500, the tip weight
can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good chance we'll see them return to the growth orbit. and i think it's a little bit overdone here on the negative side. this is not the next research in motion, this is not the next nokia. it's just a...
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Apr 23, 2013
04/13
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steve moore, thank you very much. one senator is offering the president a way around the furloughs. >> name one suspected terrorist, three public defenders, lots of angry taxpayers. @ >> neil: might not be an enemy combatant about dzhokar tsarnaev will be armed to the teeth. not one, not two, but three public defenders defending them, and the criticism of the president, and it's costing us a bundle. >> dzhokar tsarnaev reminds behind me at this hospital in boston. his condition has improved. he is getting better, i guess you would say. he went from stable -- serious but stable conditions. now in fair condition, and from the court hearing held at his bedside yesterday with a federal magistrate. we're getting more insight into how he is doing. during the session yesterday, the magistrate asked him if he could afford a lawyer and the only time he said anything, it was one word, and it was, no, he couldn't afford a lure. she said he was aware of the nature of the proceedings ask will be defended by the federal progra
steve moore, thank you very much. one senator is offering the president a way around the furloughs. >> name one suspected terrorist, three public defenders, lots of angry taxpayers. @ >> neil: might not be an enemy combatant about dzhokar tsarnaev will be armed to the teeth. not one, not two, but three public defenders defending them, and the criticism of the president, and it's costing us a bundle. >> dzhokar tsarnaev reminds behind me at this hospital in boston. his...
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Apr 23, 2013
04/13
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everyone knows what this play is all about. >> go ahead, steve. fight back. >> well, congressman, wasn't john boehner in the room? wasn't mitch mcconnell present for this sequester? >> absolutely. >> so why are you saying it's the president's deal? >> it was the president's idea. and he just signed a bill -- >> have you guys -- >> to lock in these sequester levels. >> by the way, that's not true, steve. hold on a second. all these guys on the appropriations committee in both the senate and the house have offered to liberalize rules for sub accounts. by the way, the administration has a lot of leeway on sub accounts. guy benson, i come to you again. okay, i'm in favor of the darn sequester. it's not perfect. but some place, sometime, you've got to cut spending and i would rather do that than raise taxes. >> i agree with that, but do it in a slightly smarter way. >> that's what i'm asking. >> they passed laws that would replace sequester. the president, his idea. he signed it into law. >> how did it pass congress? >> bipartisan basis. and then senat
everyone knows what this play is all about. >> go ahead, steve. fight back. >> well, congressman, wasn't john boehner in the room? wasn't mitch mcconnell present for this sequester? >> absolutely. >> so why are you saying it's the president's deal? >> it was the president's idea. and he just signed a bill -- >> have you guys -- >> to lock in these sequester levels. >> by the way, that's not true, steve. hold on a second. all these guys on the...
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Apr 18, 2013
04/13
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let's bring in steve, director of institutional sales. what are the clients saying? >> there are so many variables as there has been for the last six or seven years. but now? never more than -- i'm sorry. more than it's ever been right now. >> a lot quieter today. >> and they are looking at the 50 day moving average. >> the important thing is we were in an up market, at least going into monday. now we have got two days. monday and wednesday, 90% to the downside. heavy volume on the downside. that made traders think maybe we're on an up trend. >> mondays use to be mutual fund mondays where they added. it's changed now. mondays are the sell day. they see what the weekend has held and it's usually a bad headline coming out of europe. and they use monday to liquidate their assets. >> do you feel we are shaking down to the individual corporate stories perhaps to a greater extent than we did? >> i think we were but now we're back to that macro, back up to the view of the markets. you have terrorism, you have europe. you have a lot of these different issues that are still a
let's bring in steve, director of institutional sales. what are the clients saying? >> there are so many variables as there has been for the last six or seven years. but now? never more than -- i'm sorry. more than it's ever been right now. >> a lot quieter today. >> and they are looking at the 50 day moving average. >> the important thing is we were in an up market, at least going into monday. now we have got two days. monday and wednesday, 90% to the downside. heavy...
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Apr 18, 2013
04/13
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that's where it is right now. >> always good, steve. it seems like you have covered all the bases over the past few weeks. we'll talk to you soon. apple options are on the move. josh lipton has that for us at hq. >> we're looking at apple down 2%. staying in the red. be e low 400. i spoke to mark sebastian saying volume is heavy. trading at close to the $10. trading request move close either way between now and tomorrow night. so the pgss traders betting this thing stays very volatile. carl, back to you. >> thanks going to be important to watch, josh. thanks so much. it's a big day for earnings from tech to the consumer. earnings squad is ready to break it down for you. and later on, the public company agains tomorrow. we're live at a park in san diego with a look at whether it will be a whale of a deal. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 milli
that's where it is right now. >> always good, steve. it seems like you have covered all the bases over the past few weeks. we'll talk to you soon. apple options are on the move. josh lipton has that for us at hq. >> we're looking at apple down 2%. staying in the red. be e low 400. i spoke to mark sebastian saying volume is heavy. trading at close to the $10. trading request move close either way between now and tomorrow night. so the pgss traders betting this thing stays very...
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Apr 22, 2013
04/13
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fundamental side, steve cortez, founder of veracruz and a cnbc contributor. steve, this is a fundamental story. would you sink $2 billion into microsoft right now? >> if i had $2 billion i certainly would put it in there right now. i think for the first time in a heck of a long time microsoft is actually a really intriguing story here. i think that this long, lumbering whale is about to start swimming like a shark. when you look at its products, there's a lot to get excited about. whether it's windows 8 and the prospects there in mobile and in tablet. the skype acquisition i think was brilliant. there's much more growth there. i think the easiest place to see just how finally cutting edge microsoft has become is in gaming. and the things that are ahead for thexbox. particularly xbox live. >> carter, let's look at the chart. this was dead money for a long time. what about now? >> that's right. so the chart's appealing in the sense that there's a lot of wisdom in price action. the stock has been moving up since december. and what's also important is that it's b
fundamental side, steve cortez, founder of veracruz and a cnbc contributor. steve, this is a fundamental story. would you sink $2 billion into microsoft right now? >> if i had $2 billion i certainly would put it in there right now. i think for the first time in a heck of a long time microsoft is actually a really intriguing story here. i think that this long, lumbering whale is about to start swimming like a shark. when you look at its products, there's a lot to get excited about. whether...
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Apr 23, 2013
04/13
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. >> steve yayinger who runs the hard-hit heart of illinois regional port district based in peoria hopes shipping traffic will get back to normal conditions if the dryer weather forecast holds back over the next few days. >> we're expecting an easing of the situation. water's going down and the resumpti ofraffic for transportation purposes for agriculture and soybeans and fertilizers and the like and probably by about wednesday going into thursday. runaway barges and busted bridges have made it difficult to navigate these waters for the past week. home, businesses and farms along the busiest commercial shipping lane have been flooded and now the focus shifts to the northern plains where it still looks like winter. snow packs in some parts of north dakota are running 20 to 40 inches deep, but if there's more wet weather it warms up and the snow begins to melt there could be trouble. the sandbags have been out for about a week. part of the red river flooded there two weeks ago causing $100 million worth of damage and there are fears it could be worse this time. when the snow melts the runo
. >> steve yayinger who runs the hard-hit heart of illinois regional port district based in peoria hopes shipping traffic will get back to normal conditions if the dryer weather forecast holds back over the next few days. >> we're expecting an easing of the situation. water's going down and the resumpti ofraffic for transportation purposes for agriculture and soybeans and fertilizers and the like and probably by about wednesday going into thursday. runaway barges and busted bridges...
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Apr 23, 2013
04/13
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we bring back gene muenster and david pearl, steve kobach. good to see everybody. thanks very much for joining us. david pearl, let me get your take on this. we have iphone, 37.4 million units. ipad units, 19.5 million units. numbers coming in at $10.9 a share, but the guidance seems to be disappointing. what's your take on the apple report? >> well, the guidance clearly isn't great, but frankly, if you're a longer term investor than three months, june is pretty much the bottom of their earnings for the next 12 months. we all know tl behere'll be a product cycle in the second half of this year. and even with this slowdown in earnings growth, they're growing at over 10%, which is faster than most of the s&p 500. they're at a 35% discount. they just raised the dividend, which is 2.5%. so it's really on the dividend screen. they're buying back more stock and the valuation is just basically incredibly appealing. it's effectively saying, the company is going to be a shrunking asset and we all know, it's cyclical and and they are going to have another product cycle. ther
we bring back gene muenster and david pearl, steve kobach. good to see everybody. thanks very much for joining us. david pearl, let me get your take on this. we have iphone, 37.4 million units. ipad units, 19.5 million units. numbers coming in at $10.9 a share, but the guidance seems to be disappointing. what's your take on the apple report? >> well, the guidance clearly isn't great, but frankly, if you're a longer term investor than three months, june is pretty much the bottom of their...
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Apr 23, 2013
04/13
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to replace steve jobs was a huge mistake without supplementing him with those other skills. liz: got it. we have to take a quick break. as soon as it starts trading we'll be right back. larry, john, rob, adam, liz, we'll be right back whatever business you're in, that's the business we're in. with premium service like one of e best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting story... we're making it. liz: breaking news. we're off to the races. apple stock now open again for trading, jumping about four to 5% higher in the wake of numbers where they beat boat on the top and bottom line even though year-over-year profits are down. market reading a c
to replace steve jobs was a huge mistake without supplementing him with those other skills. liz: got it. we have to take a quick break. as soon as it starts trading we'll be right back. larry, john, rob, adam, liz, we'll be right back whatever business you're in, that's the business we're in. with premium service like one of e best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. ...amelia... neil...
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Apr 22, 2013
04/13
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steve jobs was an apple innovation leader. now with jobs gone, apple watchers wonder if others will think twice before going to work for apple with steve jobs no longer there. given its very large percentage of the
steve jobs was an apple innovation leader. now with jobs gone, apple watchers wonder if others will think twice before going to work for apple with steve jobs no longer there. given its very large percentage of the
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Apr 17, 2013
04/13
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>> work with us, steve! >> who that shocking, shocking -- >> are you for anthony? >> we will tell you who that name is if steve rattner doesn't completely destroy our tease. first, let's go to weather. >> dylan dreyer has a check on the forecast. >> good morning. we are looking at pretty big storm system moving across the country. it's just a cold front but out ahead of it, we have severe storms. back behind it, we have more snow and it looks like we could end up with another 6 to 12 inches of snow as it does start to increase across parts of south dakota and nebraska. you see western and central nebraska, could be an area that gets 6 to 12 inches of snow. we are also looking at the potential for severe storms today especially down across oklahoma, southeastern kansas. tornadoes are certainly a possible later this afternoon and into this evening. elsewhere we will see a lot of large hail and damaging wind gusts. in the northeast we started off with a couple of lighter showers in and around the boston area and down across new york city too but those will move on out
>> work with us, steve! >> who that shocking, shocking -- >> are you for anthony? >> we will tell you who that name is if steve rattner doesn't completely destroy our tease. first, let's go to weather. >> dylan dreyer has a check on the forecast. >> good morning. we are looking at pretty big storm system moving across the country. it's just a cold front but out ahead of it, we have severe storms. back behind it, we have more snow and it looks like we could...
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Apr 22, 2013
04/13
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host: steve dennis is with cq roll call, their white house correspondent. gun-control is another issue. we saw what happened last week. take us through gun control this week on capitol. guest: gun-control really is close to and dead. -- to dead. it was pulled off the senate floor last week because the key background checks vote failed. the democrats were not able to get 60 votes for an amendment that would have overturned a republican filibuster threat. thee that happened, momentum for that bill collapsed. the supporters of it will be looking around for additional votes, to find if there is another angle they can pursue, another amendment or changed to the amendment to get more votes. if they have a pretty steep hurdles. they need five more votes. a lot of people who put together the amendment -- pat toomey, the republican senator from basically it says as far as he's concerned, it's probably time to move on, the senate has acted, and let's move on to other ridings. that's probably what will happen unless there's a huge groundswell from the public. we will
host: steve dennis is with cq roll call, their white house correspondent. gun-control is another issue. we saw what happened last week. take us through gun control this week on capitol. guest: gun-control really is close to and dead. -- to dead. it was pulled off the senate floor last week because the key background checks vote failed. the democrats were not able to get 60 votes for an amendment that would have overturned a republican filibuster threat. thee that happened, momentum for that...